博汇股份(300839) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥413,753,442.82, a decrease of 2.95% compared to ¥426,351,763.90 in the same period last year[20]. - The net profit attributable to shareholders was ¥16,380,877.43, down 62.33% from ¥43,486,292.28 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥15,877,571.74, a decline of 55.79% compared to ¥35,910,834.29 in the same period last year[20]. - The basic earnings per share decreased by 71.43% to ¥0.16 from ¥0.56 in the same period last year[20]. - The diluted earnings per share also fell by 71.43% to ¥0.16 compared to ¥0.56 in the previous year[20]. - The weighted average return on equity dropped to 1.95%, down 7.77% from 9.72% in the previous year[20]. - The company's revenue for the reporting period was approximately ¥413.75 million, a decrease of 2.95% compared to the previous year[42]. - The company's net cash flow from operating activities improved to -¥66,440,806.28, a 44.19% increase from -¥119,039,594.93 in the previous year[20]. - The company achieved an operating revenue of 41,375.34, with net profit attributable to shareholders before and after non-recurring gains and losses being 1,638.09[34]. - The company reported a total non-operating income of 503,305.69, with significant contributions from government subsidies (216,348.00) and bank financial product income (360,625.43)[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,719,345,977.08, reflecting a growth of 16.85% from ¥1,471,437,870.32 at the end of the previous year[20]. - The net assets attributable to shareholders increased slightly by 0.72% to ¥840,528,039.94 from ¥834,547,162.51 at the end of the previous year[20]. - Cash and cash equivalents at the end of the reporting period amounted to ¥70,434,013.97, representing 4.10% of total assets, an increase of 0.73% from the previous year[49]. - Inventory increased to ¥169,413,527.24, accounting for 9.85% of total assets, a decrease of 0.62% compared to the previous year[49]. - Fixed assets reached ¥839,745,494.52, which is 48.84% of total assets, showing a significant increase of 43.75% due to the transfer of a 400,000-ton environmental aromatic hydrocarbon facility to fixed assets[49]. - Short-term borrowings rose to ¥410,019,841.94, representing 23.85% of total assets, an increase of 5.85% from the previous year[49]. - Long-term borrowings decreased to ¥156,131,837.77, accounting for 9.08% of total assets, a decline of 6.19% compared to the previous year[49]. - Total liabilities increased to CNY 878,817,937.14 from CNY 636,890,707.81, reflecting a growth of approximately 37.9%[138]. Production and Operations - The company’s production and sales of self-produced products decreased by 28.51% and 29.16% respectively, leading to a total gross profit decline of 27.68%[30]. - The company achieved a production capacity of 400,000 tons of heavy aromatics, with the new environmentally friendly aromatics production facility partially operational since June 2021, enhancing product value[39]. - The company’s heavy aromatic hydrocarbon project has an annual production capacity of 400,000 tons, significantly increasing the economic value of fuel oil[33]. - The company’s environmental aromatic oil products are characterized by low environmental pollution and high stability, catering to various industries[34]. - The company has established stable raw material supply channels and long-term partnerships with major suppliers[35]. - The company’s production model is responsive to customer demand, adjusting production plans based on market conditions[35]. Research and Development - Research and development investment decreased by 14.97% to approximately ¥9.16 million, indicating a potential shift in focus or resource allocation[43]. - The company emphasizes product innovation and has achieved leading positions in key performance indicators such as viscosity and flash point[29]. - The company plans to actively address performance decline by broadening raw material procurement channels and enhancing cost control measures[31]. Environmental Compliance - The company reported a wastewater discharge of 0.1693 tons per year for COD, with a concentration of 112.65 mg/L, exceeding the permitted limit of 1000 mg/L[79]. - The ammonia nitrogen wastewater discharge was 0.00953 tons per year, with a concentration of 5.23 mg/L, below the limit of 80 mg/L[79]. - The total nitrogen wastewater discharge was 0.01722 tons per year, with a concentration of 9.29 mg/L, also below the limit of 80 mg/L[79]. - The company emitted 0.0654 tons per year of SO2, with a concentration of 2.38 mg/m3, compliant with the standard[79]. - The NOx emissions were recorded at 0.0669 tons per year, with a concentration of 2.73 mg/m3, within the regulatory limits[79]. - The company has established various pollution control facilities, including low-nitrogen burners and SCR denitrification systems for exhaust gas treatment[81]. - Wastewater treatment facilities are in place, including pre-treatment and biochemical treatment systems[81]. - The company has a solid waste storage facility for both general industrial and hazardous waste, managed by qualified disposal units[81]. - The company conducts annual LDAR leak detection and repair work as part of its environmental management strategy[81]. - The company faced an administrative penalty of 195,000 yuan for discharging wastewater exceeding national standards, with corrective measures implemented to enhance environmental monitoring and compliance[84]. Social Responsibility - The company has committed 2 million yuan to the "Bo Hui Charity Fund" for educational support, disaster relief, and poverty alleviation initiatives, reflecting its dedication to social responsibility[87]. - The company has been actively involved in poverty alleviation efforts in rural areas, demonstrating its commitment to community support and development[87]. - The company is focused on sustainable development by integrating social responsibility into its business strategy, promoting social harmony through charitable activities[87]. Corporate Governance - The company did not distribute cash dividends or issue bonus shares during the reporting period[76]. - There were no stock incentive plans or employee shareholding plans implemented during the reporting period[77]. - The company has not experienced any bankruptcy reorganization matters during the reporting period[95]. - The company has maintained a good integrity status without any significant debts or court judgments pending[98]. - The total amount of guarantees approved during the reporting period was CNY 30,000,000, with actual guarantees amounting to CNY 2,350,000[111]. - The total amount of guarantees at the end of the reporting period was CNY 39,150,000, with actual guarantee balance of CNY 9,150,000, representing 10.89% of the company's net assets[111]. - The company confirmed that there were no violations of procedures in providing guarantees during the reporting period[111]. Future Outlook - The company plans to focus on market expansion and new product development to improve future performance[146]. - The company plans to strengthen its core business, enhance production capacity, and improve product quality to gain a competitive advantage in the market[71]. - The management expressed optimism about future growth prospects and market conditions[162].